Price for Aluminium; Foil, (Not Backed), of A Thickness Not Exceeding 0.2mm, Not Rolled in Iran - 2022

Contents:

1. Price for Aluminium; Foil, (Not Backed), of A Thickness Not Exceeding 0.2mm, Not Rolled in Iran (CIF) - 2022
2. Price for Aluminium; Foil, (Not Backed), of A Thickness Not Exceeding 0.2mm, Not Rolled in Iran (FOB) - 2022
3. Imports of Aluminium; Foil, (Not Backed), of A Thickness Not Exceeding 0.2mm, Not Rolled in Iran
4. Exports of Aluminium; Foil, (Not Backed), of A Thickness Not Exceeding 0.2mm, Not Rolled in Iran

Price for Aluminium; Foil, (Not Backed), of A Thickness Not Exceeding 0.2mm, Not Rolled in Iran (CIF) - 2022

The average import price for aluminium; foil, (not backed), of a thickness not exceeding 0.2mm, not rolleds stood at $4,524 per ton in 2022, waning by -6.9% against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when the average import price increased by 35% against the previous year. As a result, import price reached the peak level of $4,859 per ton, and then shrank in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($9,722 per ton), while the price for Thailand ($3,152 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+7.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Aluminium; Foil, (Not Backed), of A Thickness Not Exceeding 0.2mm, Not Rolled in Iran (FOB) - 2022

The average export price for aluminium; foil, (not backed), of a thickness not exceeding 0.2mm, not rolleds stood at $3,500 per ton in 2022, waning by -24.2% against the previous year. In general, the export price saw a abrupt decrease. The most prominent rate of growth was recorded in 2013 an increase of 49%. As a result, the export price attained the peak level of $13,786 per ton. From 2014 to 2022, the average export prices remained at a somewhat lower figure.

Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Iraq ($3,605 per ton), while the average price for exports to Afghanistan amounted to $2,478 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Iraq (-9.0%).

Imports of Aluminium; Foil, (Not Backed), of A Thickness Not Exceeding 0.2mm, Not Rolled in Iran

In 2022, purchases abroad of aluminium; foil, (not backed), of a thickness not exceeding 0.2mm, not rolleds was finally on the rise to reach 2K tons after two years of decline. Overall, imports, however, saw a dramatic shrinkage.

In value terms, imports of aluminium; foil, (not backed), of a thickness not exceeding 0.2mm, not rolleds surged to $9.1M in 2022. In general, imports, however, saw a abrupt curtailment.

Top Suppliers of Aluminium; Foil, (Not Backed), of A Thickness Not Exceeding 0.2mm, Not Rolled to Iran in 2022:

1. China (1307.2 tons)
2. Thailand (241.1 tons)
3. United Arab Emirates (175.8 tons)
4. Turkey (74.1 tons)
5. Italy (45.5 tons)
6. South Korea (44.3 tons)
7. Germany (40.3 tons)
8. India (8.8 tons)

Exports of Aluminium; Foil, (Not Backed), of A Thickness Not Exceeding 0.2mm, Not Rolled in Iran

For the fourth year in a row, Iran recorded growth in overseas shipments of aluminium; foil, (not backed), of a thickness not exceeding 0.2mm, not rolleds, which increased by 28% to 50 tons in 2022. Overall, total exports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +17.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +63.2% against 2019 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of aluminium; foil, (not backed), of a thickness not exceeding 0.2mm, not rolleds declined modestly to $174K in 2022. Over the period under review, exports, however, saw a perceptible curtailment. The smallest decline of -1.6% was in 2020.

Top Export Markets for Aluminium; Foil, (Not Backed), of A Thickness Not Exceeding 0.2mm, Not Rolled from Iran in 2022:

1. Iraq (45.3 tons)
2. Afghanistan (2.6 tons)

Source: IndexBox Market Intelligence Platform